Monad's MON Token Debut: Lukewarm Reception

Monads MON token debuts with subdued trading activity, trading around two cents and seeing only fifty million dollars in volume in the first hour. The tokens public sale on Coinbases Token Platform also underperformed, with a seven point five percent allocation at two and a half cents per token. The teams twenty-seven percent allocation of the total supply has also raised eyebrows, potentially contributing to a lackluster market reception.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.